Kidswant Announces Investment by Warburg Pincus of US$55 Million (Asia)

Source: Kidswant

Global private equity firm Warburg Pincus has invested US$55 million in China-based maternity, infant and children specialty retailer Kidswant, which will use the capital to increase its store counts and expand its geographical coverage. The Kidswant transaction represents Warburg Pincus’s second recent deal in China, following a US$200 million investment in China Auto Rental in July 2012. Warburg Pincus is currently raising its eleventh global private equity fund, with a reported target of US$12 billion in commitments.